In partnership with National Bank Financial, wel are pleased
to offer our clients access to the following insurance services:
An insured annuity is a financial instrument that combines an annuity
and life insurance. This combination allows you to earn higher returns
on your cash assets than with traditional vehicles, such as guaranteed
investment certificates (GICs), while preserving tax-free capital for
Life insured annuities work on a simple principle: With the portion of
your savings that is not sheltered in a registered plan (retirement savings
plan, retirement income fund, etc.), you purchase a lifetime annuity.
The annuity provides you with a fixed income for the rest of your life.
At the same time, you take out an insurance policy for an identical amount.
Upon your death, the policy serves to reconstitute the annuity purchase
amount, which goes to your estate in full, since life insurance benefits
When you die, your heirs may be surprised to find that the tax man is
about to claim a significant portion of their inheritance. Some of the
shock will be cushioned if you are survived by your husband or wife: under
certain conditions, some assets, such as an RSP and a RIF, can be rolled
over to a spouse tax free. However, when your spouse dies, tax authorities
will deem all your assets to have been disposed of, which can result in
substantial taxable income and/or capital gains.
Life insurance plays a very simple role in estate planning by protecting
the net value of your estate after you and your spouse die.
Universal life combines life insurance and investing, allowing you to
build tax-sheltered capital for your retirement, or for your heirs.
Each policy is unique: you determine how you will use the insurance and
investment options, depending on your own personal needs. Choose from
many investment options: your returns can be based on ordinary term deposits
or on various indexes, including the SM (Canadian bonds), TSE 100 (Canadian
stocks), S&P 500 (US stocks) or MS (international stocks). Funds deposited
in a universal life account enjoy tax-sheltered growth and a measure of
protection against potential creditors.
The group insurance division of NBF Financial Services can help you determine
and obtain the most appropriate coverage for your company at the best
possible price. With our help, your company can maximize its group insurance
plan and turn it into a solid competitive advantage in the employment